- Direct to consumer sales channel growth signals brand strength.
- A slight regression in net income margin towards pre-stay-at-home levels would result in negative net income growth for FY 2021.
- Drinkware saturation fears are overblown as YETI continues to benefit from secular consumer trends.
- The recent hire of Head of International signals management focus on the massive international growth opportunity.
- Entry into the bags and luggage market is a significant growth opportunity and a chance to prove that YETI is more than a two-trick - drinkware and coolers - consumer product company.
For further details see:
YETI: Exciting Growth Opportunities With Some Short-Term Risk